BharatRohan Raises $2.3M to Expand Agtech Operations

BharatRohan's Pre-IPO Funding

Key Highlights:

• Pre-IPO Funding: BharatRohan, an agtech startup specializing in drone-based hyperspectral remote sensing, closed a $2.3 million funding round.
• Investors: Backed by Villgro Innovation Foundation, Caspian, RevX, and Venture Garage, with a group of Ultra High Net Worth Individuals as investors.
• Strategic Combination: Funding includes a combination of debt and equity financing.

BharatRohan's Target Market

• Target Market: Farmers and agricultural organizations seeking advanced technology solutions for crop monitoring and pest management.
• Indian Agriculture Sector: Focusing on Indian states, BharatRohan aims to expand its operations and offerings to cover 10 lakh acres by 2025.
• Global Market Expansion: Plans to introduce pesticide residue-free farm produce to global consumers, expanding its reach and impact on a global scale.

What BharatRohan Needs to Buy

• Drone Development and Manufacturing: Investing in the development and manufacturing of proprietary edge computing drones for precise crop monitoring and variable pesticide application.
• Sensor Technology: Designing and developing compact hyperspectral and multispectral sensors for drones.
• Franchise-Based Models: Establishing franchise-based models to make drones and CropAssure® Services available to rural entrepreneurs.

Sorted raises £1.65M in Seed Funding for Recycling Tech

Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.

Funding Amount: £1.65 million

Industry: Software Development

Employee Count: 51-200

CEO: Carmen Carey (CEO Linkedin)

What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.